Daily brief
French inflation confirmed to fall in June, easing pressure on the ECB, 10s -2bp — desk brief, Fri 10 Jul 2026
Treasuries (close 2026-07-09): 2s 4.16% (-5.0bp), 10s 4.54% (-2.0bp), 30s 5.05% (-1.0bp).
Tape (close 2026-07-09): VIX 15.84, 2s10s +38bp.
Narrative: Fed's Williams expects energy prices to abate even as Iran war flares
What mattered:
- French inflation confirmed to fall in June, easing pressure on the ECB
- Credit Ágricole: FX and Gold Outlook
- Investors Face Rotation Dilemma: Markets Snapshot
- Germany's June inflation slows to 2.3%, lowest since February
- Asia-Pacific market news wrap: Oil-Iran-US steady, yen jumped, stocks too